Tds on payment to freelancer

We are an LLP and did not have tax audit as turnover was not more than 40lakh in the previous financial year.

We have a freelancer (an individual person) working for us and the person charges us at an hourly rate. The amount we have paid so far does not exceed 30k. However, I am sure that it will exceed 30k in this financial year if we continue to use the services of that person in this year.

When should we start deducting TDS under 194J? When the amount exceeds 30K? Or we should start deducting amount right now?

 

 

Replies (2)
You need to deduct TDS right now

The TDS amount to be deducted u/s. 194J...... will be aggregate amount paid in the year......

So, even if you start deducting now or when you cross the exemption limit, the TDS will be required to be deducted on earlier payments also. So, better to deduct from beginning.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details